There is no single answer to how much a home security system will cost, as it depends on a long list of factors. Experts point out that upfront costs will typically start at $250 and go up to over $1,500. After that, you need to factor in the monthly fees for monitoring, which average $30 per month but can be more or less. The national average is between $700 and $1,900, so be prepared for a huge spread in prices.
To figure out how much a home security system will actually cost in a particular situation, you must carefully weigh your options and consider the various factors at play that influence the cost.
- Size of property
- Number of doors requiring sensors
- Wired or wireless
- Professionally-installed or DIY installation
- Monitored or unmonitored
- Type of threats protected against
Now, it is time to take a closer look at the various options that a homeowner must decide on and how each of those will impact the cost.
Overall Costs to Consider
In your calculations, do not forget to consider the four main costs that will come into play for your home security system. They include a one-time activation fee, installation fees, equipment fees, and monitoring fees. When it comes down to it, a home security system is definitely worth the cost for the peace of mind it delivers. You simply have to weigh your options and choose the right system for your situation.
When It Is Worth Paying More: Equipment And Reliability
Many homeowners may feel tempted to stick to a more affordable home security system, and that might be the best choice for those on a tight budget. If, however, you can afford it, it will typically be in your best interest to pay a little more due to the additional benefits. Take, for example, the quality of the equipment. Opting for the most entry-level home security system may lead to equipment that frequently breaks down, leaving your home unsecured. Just paying an extra few dollars, either upfront or monthly can give you reliability, even with factors such as weather interference at play.
It is also necessary to evaluate the amount of equipment you get. The cheapest systems will just include a handful of cameras and sensors while the best plans deliver an excellent value via a small upgrade in price for additional pieces of equipment. Pay attention to included equipment such as:
- Control panels
- Motion sensors
- Entry sensors
- Window stickers
- Yard signs
Systems that include more of each item will deliver better security, but this will come at a cost. Most companies will have packages to deliver an improved value as you spend more if you were to break down the cost per sensor or another item. Some may even allow for additional upgrades that many homeowners consider worth it, such as:
- Fire and smoke monitoring
- Smart lighting
- HD video
- Smart door locks
- Smart garage doors
- Other smart home automation features
While some of those features may not be directly related to home security, it is important to weigh your options. This is particularly true since additional features can add convenience to your life via home automation, saving you time and hassle. You must evaluate which features mean the most to you and what you feel willing to spend on them.
Choosing Between Wireless And Wired Systems
As you weigh your options, you will notice that some home security systems are wired while others are wireless. Fully wireless systems involve sensors installed around the home and a central control panel, all of which typically connects with a radio frequency and cellular uplink or broadband. Wired systems involve connecting the sensors to the control panel via wires within the floors and walls. These systems use the landline to communicate. Because of their nature, wired systems are more expensive to install and will fail anytime the landline goes down. Wireless systems tend to be easier to upgrade. On the other hand, the actual equipment for a wired system tends to cost less than it does for a wired one and certain wireless systems suffer from interference.
Weighing The Cost Of Monitoring
The other major consideration to weigh is whether you prefer a monitored or unmonitored system. Unmonitored systems only require a one-time fee since no professionals monitor the system 24/7. The downside is that you are responsible for everything, from checking sensors to reporting an intruder to the police. As Fixr puts it:
If an intruder breaks in and you are not at home, there is no one to call emergency services. You have to hope that someone will hear the alarm and call the police.
Because of those disadvantages, most agree that monitoring is worth the additional cost. This can be surprisingly affordable and the professionals keeping an eye on your home can automatically contact the police if necessary, typically after checking with you.
Interested in a monitored home security system? Contact Protect America to get a free quote and keep your home safe.